NOT LISTED FOR SALE

1615 Echo Park Ave Unit 3 Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $930,000 - $1,230,000

2 Beds
2.5 Baths
1,718 Sq Ft
$610/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $596,990 $347 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,990/month

127 Days on Market

Highlights

  • Under Construction
  • 2 Car Attached Garage
  • Double Pane Windows
  • Craftsman Architecture
  • Eat-In Kitchen
  • Living Room

About This Home

As of November 2012

A new, tri-level townhome located in Echo Park, this Plan 7 at 36 on Echo features 2 beds (one downstairs), 2 1/2 baths, walk-in-closets, interior laundry room, attached and private 2-car tandem garage and approx. 1718 sq. ft. Interior amenities include designer-selected flooring, SS appliances, Caesarstone kitchen counters and stylish cabinetry with contemporary SS pulls. 36 on Echo by D.R. Horton will include 36 stylish, tri-level townhomes with nine diverse floorplans, 1163 sq.ft. to 1718 sq ft. Each residence features an abundance of energy-efficient amenities including tankless water heaters, fire sprinklers, porches and balconies per plan and private, direct-access 2-car garages. Impressive, striking architecture blended within the charming neighborhood of Echo Park. D.R. Horton was founded over 30 years ago in 1978 and is considered the largest builder in the country for the past 10 years. The community is centrally located in the heart of LA, close to great restaurants, boutique retail shops, hiking trails of Elysian Park, Echo Park Lake and Dodger Stadium. Minutes to downtown LA or world famous Hollywood, Chinatown or Koreatown. Close access to the 2, 5, 101, 134 and 110 fwys. Photos are representational only.

Last Agent to Sell the Property

Teresa Taylor

NON-MEMBER/NBA or BTERM OFFICE License #01182797 Listed on: 05/27/2012

NON-MEMBER/NBA or BTERM OFFICE

Last Buyer's Agent

Drew F. Panico

Realty Source Incorporated License #01706351

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,791

Year Built

  • Built in 2012 | Under Construction

Lot Details

  • 1.4

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Fire Retardant Roof
  • Concrete Roof

Interior Spaces

  • 1,718 Sq Ft Home
  • Wired For Data
  • Recessed Lighting
  • Double Pane Windows
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Home Security

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • No Sprinklers
  • Urban Location

Listing and Financial Details

  • Tax Lot 203
  • Tax Tract Number 65020

Community Details

Overview

  • 36 Units
  • Prime Association
  • Residence One

Amenities

  • Laundry Facilities

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,791

Year Built

Built in 2012 | Under Construction

Lot Details

0

HOA Fees

$377 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Sales Office
  • Other Phone Number: 213-250-8919
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: 36 on Echo
  • View: No
  • Architectural Style: Contemporary, Craftsman
  • New Construction: Yes
  • Property Condition: Under Construction
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1718.00
  • Interior Amenities: Wired for Data, Recessed Lighting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: Three Or More
  • Price Per Square Foot: 347.49
  • Room Type: Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Concrete, Fire Retardant
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range, Tankless Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sewer
  • Association Fee: 377.00
  • Association Fee Frequency: Monthly
  • Association Name: Prime Association
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: Sprinklers None

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • Tax Lot: 203
  • Tax Tract Number: 65020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2012
Closed on
Nov 2, 2012
Sold by
D R Horton Ven Inc
Bought by
Asli Arsalan Daghighi
Seller's Agent
Teresa Taylor
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Drew F. Panico
Realty Source Incorporated
List Price
$578,518
Sold Price
$596,990
Premium/Discount to List
$18,472
3.19%
Total Days on Market
127
Current Estimated Value
$1,047,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,373
Avg. Annual Appreciation
4.63%
Original Mortgage
$300,000
Interest Rate
3.34%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Asli Arsalan Daghighi $597,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asli Arsalan Daghighi $601,250
Closed Asli Arsalan Daghighi $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold $596,990 +0.2% $347 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
07/06/2012 07/06/12 Price Changed $596,073 +1.7% $347 / Sq Ft
07/05/2012 07/05/12 Price Changed $586,000 +1.3% $341 / Sq Ft
05/27/2012 05/27/12 For Sale $578,518 -- $337 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,791 $720,738 $394,776 $325,962
2023 $8,618 $706,607 $387,036 $319,571
2022 $8,211 $692,753 $379,448 $313,305
2021 $8,103 $679,170 $372,008 $307,162
2019 $7,856 $659,027 $360,975 $298,052
2018 $7,816 $646,106 $353,898 $292,208
2016 $7,460 $621,018 $340,156 $280,862
2015 $7,335 $611,691 $335,047 $276,644
2014 $7,359 $599,709 $328,484 $271,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12066902

California Regional Multiple Listing Service (CRMLS)

APN: 5419-008-042